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what am i doing wrong? is the formula not .5217(.85)+.4783(1.12)=.979141 2.1%+(.979141*2.5%)=.0455 rounded You purchase $12,000 of Marion Company stock and $11,000 of McMinn Conp stock

what am i doing wrong? is the formula not .5217(.85)+.4783(1.12)=.979141
2.1%+(.979141*2.5%)=.0455 rounded image text in transcribed
You purchase $12,000 of Marion Company stock and $11,000 of McMinn Conp stock Marion's beta is 0.85 and its volstility of 0.79. McMinn's beta is 1.12 and its volatifity is decimat places. For example, if yout answer is 8.25%, enter. 0825

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